#DOGE — This Move Looks Ready to Roll Over 😅🐶
$DOGE has been stuck inside this descending channel on the 1H, and once again it’s kissed the upper boundary and started slipping. Every time it hits this line, it gets smacked back down — and the setup looks exactly the same right now.
RSI is also pushing near the top, already curling down… classic “okay, that’s enough” energy.
The green resistance zone at 0.1546 has been a brick wall for $DOGE — it’s rejected there over and over, and honestly, it doesn't look like bulls have the strength to break it yet.
Price is also hovering right above the 100MA. When candles start chilling around the MA like this, a tap (or a drop through it) is usually not far away.
Here’s how I’m playing it:
📌 Entry: 0.1420
🎯 Targets:
• TP1: 0.1395
• TP2: 0.1355
• TP3: 0.1307
❌ Stop: Just above the green resistance zone — no need to give the market more room than necessary.
This setup is pretty straightforward: if $DOGE can’t break resistance, it’s probably heading lower. If it does break it with real volume… well, that’s a different story.
And of course — manage your risk. Bad trades hurt way less when your capital is protected. 💛📉
